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John Kenneth Galbraith Quotes

John Kenneth Galbraith quotes about great

American Economist October 15, 1908 – April 29, 2006

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None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even though some of the best have been very good writers. He should know, moreover, that at least for a few great men ambiguity of expression has been a positive asset. But with these exceptions he may safely conclude that what is wholly mysterious in economics is not likely to be important. John Kenneth Galbraith
John Kenneth Galbraith quote: "In economics, hope and faith coexist with great scientific..."
In economics, hope and faith coexist with great scientific pretension and also a deep desire for respectability. John Kenneth Galbraith
All of the great leaders have had one characteristic in common: it was the willingness to confront unequivocally the major anxiety of their people in their time. This, and not much else, is the essence of leadership. John Kenneth Galbraith
That economics has a considerable conceptual apparatus with an appropriate terminology can not be a serious ground for complaint. Economic phenomena, ideas, instruments of analysis exist. They require names. Education in economics is, in considerable measure, an introduction to this terminology and to the ideas that it denotes. Anyone who has difficulties with the ideas should complete his education or, following an exceedingly well-beaten path, leave the subject alone. It is sometimes said... John Kenneth Galbraith
The great dialectic in our time is not, as anciently and by some still supposed, between capital and labor; it is between economic enterprise and the state. John Kenneth Galbraith
John Kenneth Galbraith quote: "In any great organization it is far, far safer to be wrong..."
In any great organization it is far, far safer to be wrong with the majority than to be right alone. John Kenneth Galbraith
The threat to men of great dignity, privilege and pretense is not from the radicals they revile; it is from accepting their own myth. Exposure to reality remains the nemesis of the great -- a little understood thing. John Kenneth Galbraith
Meetings are a great trap. Soon you find yourself trying to get agreement and then the people who disagree come to think they have a right to be persuaded. However, they are indispensable when you don't want to do anything. John Kenneth Galbraith

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